Medalist Diversified Reit, INC

Market Movers (8-K)

NASDAQ
Medalist Diversified, Inc. has successfully closed on the acquisition of a 16,100 sq ft automotive service building on 1.64 acres in Overland Park, Kansas, for $5.8 million.
Capital raise
NASDAQ
Medalist Diversified, Inc. has entered into agreements to acquire two Caliber Collision Centers in Texas for a combined total of over $11 million.
Capital raise
NASDAQ
Medalist Diversified, Inc. announced its Board of Directors has authorized and declared a quarterly dividend of $0.0675 per share on its common stock.
NASDAQ
Medalist Diversified, Inc. announced the sale of a South Carolina property for $10.25 million and an amendment to its charter to protect net operating loss tax benefits.
NASDAQ
Medalist Diversified, Inc. has entered into an agreement to acquire a 1.64-acre property with a 16,100 sq ft building in Overland Park, Kansas for $5.8 million.
Capital raise
NASDAQ
Medalist Diversified, Inc. has entered into a $15.8 million revolving margin credit facility with Charles Schwab & Co., Inc.

Quarterly Earnings (10-Q)

NASDAQ
Medalist Diversified, Inc. reported a significant net income of $14.1 million for the first quarter of 2026, driven by substantial gains from property sales and a strategic shift away from REIT status.
Better than expected
NASDAQ
Medalist Diversified REIT, Inc. reported a net loss of $1.92 million for common stockholders in Q3 2025, driven by strategic property dispositions and new acquisitions, alongside increased operating expenses.
Worse than expected
Capital raise
NASDAQ
Medalist Diversified REIT, Inc. reported a net loss for the second quarter and first half of 2025, driven by increased operating expenses and a lack of prior year's property sale gains, despite new property acquisitions and a strategic pivot to single-tenant net lease assets and a new capital raising program.
Capital raise
Worse than expected
NASDAQ
Medalist Diversified REIT reports a net loss for Q1 2025, completes acquisitions of Buffalo Wild Wings and United Rentals properties, and finalizes the redemption of its mandatorily redeemable preferred stock.
Worse than expected
Capital raise
NASDAQ
Medalist Diversified REIT's Q3 2024 results show improved operating income and a strategic shift in property holdings.
Better than expected
Capital raise
NASDAQ
Medalist Diversified REIT's Q2 2024 results show a net loss, but also include strategic asset sales and acquisitions, and a reduction in operating expenses.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
Medalist Diversified, Inc. reports a strategic shift from REIT status to a DST sponsorship model, alongside a net loss of $2.39 million for 2025, driven by increased operating expenses and asset impairments.
Capital raise
Worse than expected
NASDAQ
Medalist Diversified REIT, Inc. files Amendment No. 1 to its Annual Report on Form 10-K/A, solely to amend and replace Part III of the Original Form 10-K.
Delay expected
NASDAQ
Medalist Diversified REIT shows improved financial performance in 2024, driven by strategic property sales and internal management.
Capital raise
Better than expected
NASDAQ
Medalist Diversified REIT, Inc. reports its financial results for the fiscal year ended December 31, 2023, highlighting a shift towards internal management and strategic portfolio evaluation.
Worse than expected
Capital raise

Insider Trading (Form 4)

NASDAQ
CFO Charles Brent Winn Jr. acquired 74 shares of Medalist Diversified, Inc. common stock through open market purchases.
NASDAQ
Chief Financial Officer C. Brent Winn Jr. acquired 481 shares of Medalist Diversified, Inc. common stock through open market purchases.
NASDAQ
Medalist Diversified's Chairman, CEO, and President, Frank Kavanaugh, converted 200,000 operating partnership units into common stock, increasing his direct common stock holdings.
NASDAQ
Medalist Diversified REIT's Chief Financial Officer, Charles Brent Winn Jr., increased his direct ownership in the company through multiple common stock purchases.
Better than expected
NASDAQ
Medalist Diversified REIT Director David Lunin acquired 2,500 shares of common stock at $12.12 per share, increasing his direct beneficial ownership to 6,066 shares.
NASDAQ
Medalist Diversified REIT's Chairman, CEO, and President, Frank Kavanaugh, acquired 4,000 shares of common stock, signaling confidence in the company.

Proxy Statements (Def-14A)

NASDAQ
Medalist Diversified, Inc. has issued its proxy statement for the annual meeting of stockholders on June 16, 2026, detailing proposals for director elections, executive compensation, auditor ratification, and a charter amendment.
NASDAQ
Medalist Diversified REIT is holding its annual meeting on June 17, 2025, seeking stockholder approval on key proposals including director elections, executive compensation, auditor ratification, and a potential common stock issuance.
Capital raise
NASDAQ
Medalist Diversified REIT is holding its annual meeting on September 12, 2024, to vote on key proposals including a reverse stock split and the election of a Class I director, amidst a proxy contest initiated by Jon Wheeler.

Schedule 13D - Activist Investments

NASDAQ
Medalist Diversified, Inc.'s CEO, Francis P. Kavanaugh, increased his beneficial ownership to 68.6% through recent stock purchases and grants.
Better than expected
NASDAQ
Medalist Diversified REIT's CFO, Charles Brent Winn Jr., has reported beneficial ownership of 5.25% of the company's common stock following a recent equity grant.
NASDAQ
Francis P. Kavanaugh, CEO of Medalist Diversified REIT, Inc., significantly increased his beneficial ownership to 58.94% through recent open market and private purchases.
Better than expected
NASDAQ
Alfred Lee Finley and Susan Finley, along with ALF Operating Partners, Ltd., have significantly reduced their beneficial ownership in Medalist Diversified REIT, Inc. through recent share sales.
Worse than expected
NASDAQ
Medalist Diversified REIT CEO Francis P. Kavanaugh disclosed additional share purchases and an exchange into OP Units, bringing beneficial ownership to 48.49% of the company.
NASDAQ
Marc Carlson has reduced his beneficial ownership in Medalist Diversified REIT, Inc. to 1.4% after selling 80,000 shares for $1,000,000.

Schedule 13G - Passive Investments

NASDAQ
Marc Carlson has filed a Schedule 13G, disclosing a beneficial ownership of 7.43% of Medalist Diversified REIT, Inc.'s Common Stock.